What is the job about? Grundfos is seeking an experienced Senior Compensation Specialist to join its Global Compensation team. The Senior Compensation Specialist will develop, coordinate, and administer a variety of programs and activities covering multiple or different compensation related activities with a specialization within the geographical scope of Western Europe. The Senior Compensation Specialist will collaborate with the Reward Partners, Country HR Leads, HR Compliance, and HR Business Partners to understand and execute job evaluation strategy and administer end-to-end global processes for compensation activities, while serving as a consultant/advisor to the business leaders on compensation processes and philosophies. This role will also be a part of the extended Global Rewards Team and is involved in executing the compensation function, as well as conducting analyses, creating, and implementing innovative solutions to address key findings and remedy problems, and providing continuous feedback on process improvements to the relevant process owners. The position reports directly to the Global Rewards Director. Your main responsibilities: Provide specialist level insights into the primary geographical scope, while contributing to the overall Global Compensation agenda through various projects and initiatives in the compensation domain. Be an active member of the Global Rewards CoE by operationalizing processes and project within the compensation domain and facilitating a continuous improvement mindset by routinely providing process owners feedback on the processes. Ensure the needed consultancy related to compensation programs in an efficient, timely, and accurate manner according to company policies and procedures and within the agreed upon service level agreements (SLAs). Utilize Service Now to resolve compensation related inquiries (including, but no limited to: Promotions, laterals, extraordinary pay increase, country assignments, etc.) Provide a high level of customer service and problem-solving skills in resolving issues and responding to stakeholders and collaboration partners. Judiciously offer and apply diverse specialist knowledge to stakeholders in the support, development, and implementation of initiatives or projects. Take an active part in implementation and utilization of new compensation policies, including participation in the annual compensation review process (collection of market salary data, proper process documentation and analysis of the data) in close collaboration with the Global Rewards CoE.
